(50% of gross rents will go towards expenses not including debt service: taxes, insurance, management and capex)Well done Ross, I would say this is a definitely success story because you're taking action, most never do.  

Hey guys, I am new to this website and to REI in general but I have always had a desire to get involved and I have made the decision to get started and take  massive action. Ive

I know the topic that I'm inquiring about has probably been addressed and/or beaten with a dead horse but I'm really not trying to allow my fear of the unknown to stop me from jumping in and taking action like I did 10 years ago when the passion for real estate investing took hold of my soul but I feel that there are a few things I need to set up before starting my direct mail campaign. i.e. having certain team members in place such as a closing attorney and an investor-friendly agent for valuation of deals.

I've done hundreds.Mark,Great insight shared above, thank you.Now, as an exercise, a hypothetical question that might help someone in the OP positions: if the OP (buyer) were to loan the heir (unprobated heir seller) a personal loan with a security guarantee of her interest in the unprobated estate (including the real estate) and then filed the personal loan in a UCC filing and also against the persons credit and filed a notice against the property with such claim guarantee then would that proactive action help the buyer to fight off potential other investors who maybe circling the wagon?

I am highly motivated and ready to take action!   

What is the best way to try to acquire the property before what looks like the final stage of 'Action'... during the earlier stages such as 'pre-foreclosure'?

Up to then his number of deals was zero, but later he got into some actual deals by piggybacking on some of his students action.

The best way to learn is to jump into the action and learn while doing, not while sitting in a classroom.

I think you are best to call the city and find out how helpful they are or are not and that will help you determine a course of action. 

I have 3 directions i could go and I'm looking for advice from my fellow BP investors. 1) My first thought is i should just find the highest paying job i can get to be able to raise the capital i need for my deals regardless of how unenjoyable and time consuming it is.  2) my second thought would be get a job with a construction/remodeling company.